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NYSE: GLW
Corning Inc Stock

$31.52-0.01 (-0.03%)
Updated Apr 24, 2024
GLW Price
$31.52
Fair Value Price
N/A
Market Cap
$26.90B
52 Week Low
$25.26
52 Week High
$36.02
P/E
45.68x
P/B
2.33x
P/S
2.06x
PEG
0.31x
Dividend Yield
3.55%
Revenue
$12.59B
Earnings
$581.00M
Gross Margin
31.2%
Operating Margin
8.56%
Profit Margin
4.6%
Debt to Equity
1.44
Operating Cash Flow
$2B
Beta
1.17
Next Earnings
Apr 30, 2024
Ex-Dividend
N/A
Next Dividend
N/A

GLW Overview

Corning Incorporated specializes in specialty glass, ceramics, and related materials and technologies (including advanced optics), for industrial and scientific applications. Corning was founded in 1851 and is headquartered in Corning, NY.

Zen Score

Industry Average (35)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how GLW scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

GLW ($31.52) is trading below its intrinsic value of $38.84, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
GLW is poor value based on its earnings relative to its share price (45.68x), compared to the US market average (41.27x)
P/E vs Market Valuation
GLW is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more GLW due diligence checks available for Premium users.

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GLW News

Valuation

GLW price to earnings (PE)

For valuing profitable companies with steady earnings
Company
45.68x
Industry
26.27x
Market
41.27x
GLW is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
GLW is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation

GLW price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
2.33x
Industry
3.46x
GLW is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

GLW price to earnings growth (PEG)

For valuing profitable companies with growth potential
GLW is good value based... subscribe to Premium to read more.
PEG Value Valuation

GLW's financial health

Profit margin

Revenue
$3.0B
Net Income
-$40.0M
Profit Margin
-1.3%
GLW's Earnings (EBIT) of $1.08B... subscribe to Premium to read more.
Interest Coverage Financials
GLW's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$28.5B
Liabilities
$16.6B
Debt to equity
1.44
GLW's short-term assets ($7.21B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
GLW's long-term liabilities ($12.31B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
GLW's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
GLW's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$713.0M
Investing
-$230.0M
Financing
-$363.0M
GLW's operating cash flow ($2.01B)... subscribe to Premium to read more.
Debt Coverage Financials

GLW vs Electronic Component Stocks

TickerMarket Cap1d %P/EP/B
GLW$26.90B-0.03%45.68x2.33x
JBL$14.50B-0.54%10.15x5.46x
FLEX$12.00B-0.11%16.67x2.01x
TEL$43.23B-2.26%13.20x3.29x
OLED$7.41B+1.65%36.81x5.12x

Corning Stock FAQ

What is Corning's quote symbol?

(NYSE: GLW) Corning trades on the NYSE under the ticker symbol GLW. Corning stock quotes can also be displayed as NYSE: GLW.

If you're new to stock investing, here's how to buy Corning stock.

What is the 52 week high and low for Corning (NYSE: GLW)?

(NYSE: GLW) Corning's 52-week high was $36.02, and its 52-week low was $25.26. It is currently -12.48% from its 52-week high and 24.78% from its 52-week low.

How much is Corning stock worth today?

(NYSE: GLW) Corning currently has 853,474,317 outstanding shares. With Corning stock trading at $31.52 per share, the total value of Corning stock (market capitalization) is $26.90B.

Corning stock was originally listed at a price of $12.38 in Dec 31, 1997. If you had invested in Corning stock at $12.38, your return over the last 26 years would have been 154.67%, for an annualized return of 3.66% (not including any dividends or dividend reinvestments).

How much is Corning's stock price per share?

(NYSE: GLW) Corning stock price per share is $31.52 today (as of Apr 24, 2024).

What is Corning's Market Cap?

(NYSE: GLW) Corning's market cap is $26.90B, as of Apr 25, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Corning's market cap is calculated by multiplying GLW's current stock price of $31.52 by GLW's total outstanding shares of 853,474,317.
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